Knowledge, design, product and service 1 The Business AB Dynamics - - PowerPoint PPT Presentation
Final Results Presentation Year Ended 31 August 2016 November 2016 Knowledge, design, product and service 1 The Business AB Dynamics designs, manufactures and supplies advanced testing and measurement products to the global automotive
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AB Dynamics designs, manufactures and supplies advanced testing and measurement products to the global automotive industry for vehicle suspension, brakes and steering systems
automotive companies
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Tim Rogers, Chief Executive Officer
Technologies, Inc
production engineering
Robert Hart, Finance Director
aspects of the business.
Group plc before joining Unite Group Plc as Financial Controller of the manufacturing division
Association of Chartered Certified Accountants
Anthony Best, Non-Executive Chairman
and is on the Court of the Worshipful Company of Engineers
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Financial Highlights Operational Highlights
– Global spending on automotive R&D continues to rise – Development of new ADAS and autonomous vehicle technology – driving demand for ABD track technology – Growth in application of virtual testing and computer aided design – Simulation/Simulator
– Additional production capacity - new factory expected Q3 2017 – Developing regional technical and sales support – new team Field Engineers and Commercial Director – Recruitment of high calibre personnel – New product development:
– Development of corporate management to drive technology acquisition program – CTO role and dedicated business teams in place to drive active new product development program
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Global Automotive Industry R&D Spend
Sources: Strategy& 2015 Global Innovation 1000 analysis, Bloomberg data, Capital IQ data
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All of the top twenty automotive manufacturers routinely use the Group’s products
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10 Japan China Taiwan India S Korea Australia Turkey USA Germany Brazil Russia Distributors Regional Support Head Quarters
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demonstration unit
industry
virtual process
models reducing development time and need for as many prototypes
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centre for ADAS targets
Q4 2017
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8.91 12.17 13.85 16.52 20.47 2012 2013 2014 2015 2016
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UK 2% North America 15% Europe 30% Japan 17% China 25% Korea 8% RoW 3% UK 3% North America 10% Europe 27% Japan 25% China 21% Korea 6% ROW 5%
2015 2016
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TMS 2% Track Testing 74% Lab Testing 24% Track testing 69% Lab Testing 29% TMS 2%
2015 2016
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1.80 1.89 2.65 3.79** 4.65** 2012 2013 2014 2015 2016
** Excludes Option Cost of £273k
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20.2 15.6 19.1 22.9** 22.7** 2012 2013 2014 2015 2016
** Excludes Option Cost of £273k
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6.95 11.62 13.59 16.91 21.33 2012 2013 2014 2015 2016
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39 47 56 64 78 2012 2013 2014 2015 2016
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Reported Earnings per share (pence) 2016 2015 Basic 22.25 19.16 Diluted 22.25 18.26
– Revenue up 24% to £20.5m (2015: £16.5m) – Adjusted operating profit up 23% to £4.65m (2015: £3.79m) – Order book covers revenues to Q3 2017
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Consolidated statement of comprehensive income
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Consolidated statement of financial position
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Consolidated statement of cash flow
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3.96 4.74 5.87 4.40 2.65 6.50 8.91 12.17 13.85 16.52 20.47 5,000,000 10,000,000 15,000,000 20,000,000 25,000,000 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Turnover £m
Year on year turnover growth in the 10 year period is 17.85%
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